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A Bibliometric Review of Green Finance: Current Status, Development and Future Directions

Author

Listed:
  • Saxena Ashish

    (Sharda School of Business Studies, Sharda University, India)

  • Tiwari Sadhana

    (Sharda School of Business Studies, Sharda University, India)

  • Bhardwaj Shashank

    (Sharda School of Business Studies, Sharda University, India)

  • Srivastava Shweta

    (School of Management, BBD University, India)

  • Kumar Nitendra

    (Department of Decision Sciences, Amity Business School Amity University, India)

Abstract

Research background The worldwide fight against climate change and its impacts finds support in the realm of green financing. The realization of the United Nations’ sustainable objectives hinges upon it. Considering that green financing is hailed as the future of banking and investment, it demands a thorough comprehension. Purpose The purpose of this study is to delve into the cutting-edge trends within the domain of green financing research. Employing a mixed-methods approach involving bibliometric and qualitative analysis, this research aims to provide insights into this vital field. Research methodology Utilizing a mixed-methods approach, this study employs a bibliometric analysis, qualitative assessment, and content analysis to delve into the realm of green financing. Over a thousand interconnected papers are quantitatively analyzed, with validation from reputable sources such as Google Scholar, Web of Science, and ScienceDirect. Results The study’s findings reveal a clear trajectory. China leads in the implementation of green finance within business operations, with the USA following suit. These results underscore crucial applications of green financing within specific research domains. Novelty This study unveils significant applications of green financing across various research domains. Furthermore, it highlights methods to harness the potential benefits of green financing, thus promoting research and development advancements.

Suggested Citation

  • Saxena Ashish & Tiwari Sadhana & Bhardwaj Shashank & Srivastava Shweta & Kumar Nitendra, 2023. "A Bibliometric Review of Green Finance: Current Status, Development and Future Directions," Folia Oeconomica Stetinensia, Sciendo, vol. 23(2), pages 331-351, December.
    • Handle: RePEc:vrs:foeste:v:23:y:2023:i:2:p:331-351:n:22
    DOI: 10.2478/foli-2023-0034
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    More about this item

    Keywords

    bibliometric review; green finance; sustainability; climate change; global warming;
    All these keywords.

    JEL classification:

    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General

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